IRS Tax News – IRS issues new tax rate tables, inflation adjustments for 2018
The IRS announced the new lower tax brackets for 2018 and a number of other new items affected by P.L. 115-97, known as the Tax Cuts and Jobs Act.
Source: IRS Tax News – IRS issues new tax rate tables, inflation adjustments for 2018
IRS Tax News – Longer carried interest holding period includes S corporations
The IRS announced that the new three-year holding period for carried interests applies to S corporations as well as partnerships.
Source: IRS Tax News – Longer carried interest holding period includes S corporations
IRS Tax News – IRS releases updated withholding calculator and 2018 Form W-4
The IRS has completed updating its online withholding calculator that individual taxpayers can use to determine how many withholding allowances they should claim for 2018.
Source: IRS Tax News – IRS releases updated withholding calculator and 2018 Form W-4
Dalip Malik CPA